Group CRIT's Q3 revenue increases by almost 9%
In &eurom (unaudited data) 2014 2013 Change
Q1 361.3 334.5 8.0%
Q2 430.3 391.1 10.0%
Q3 461.6 423.9 8.9%
Total 1 253.3 981.7
Group CRIT confirms its growth dynamic in Q3 with revenue increasing by 8.9% (5.2% on a like-for-like perimeter basis and constant change) to &euro461.6 million. Both France and international contributed to this performance.
In France, Q3 revenue grew by 6.7% to &euro 361.5 million. International growth continued to be strong with revenue rising by 17.6% to &euro100.2 million.
For the first nine months of the year, revenue increased by 9% to &euro 1 253.3 million.
Staffing & recruitment division : 9.4%
Q3 revenue in the Staffing & recruitment division grew by 9.4% to &euro389.1 million 1
France : 6.4%
For the fifth consecutive quarter, French activities’s recorded growth with Q3 revenue rising by 6.4% to &euro 299.9 million. This growth, outperforming the market (0.5% at the end of august 2), confirms the group’s ability to gain market shares.
For the first nine months of the year, revenue grew by 6.4% to &euro810.9 million.
International growth : 21%
Q3 staffing international revenue increased by 21% to &euro89.2 million. Both United-States and Spain contributed to this growth. In Spain, Q3 revenue increased up by more than 13%. The US revenue rose by over 29% to &euro60.9 million driven by the integration of the latest acquisitions.
For the first nine months of the year, international revenue rose by 24.2% to &euro239.9 million (23% of total Staffing & recruitment division 9 months revenue).
Multi-services division: another quarter of growth
Multiservices division posted Q3 revenue of &euro76.7 million 1, increasing by 4.4%.
In Airport Services (76% of activity of this division), Q3 revenue grew by 6.2% to &euro58.5 million boosted by French activities rising by 8.8% to &euro47.6 million.
For the first nine months of the year, Multi-services revenue increased by 3% to &euro215.9 million.
In view of this successfull third quarter, the Group remains confident on its growth and results for the full year 2014.
1 excluding interco- eliminations 2 source Prisme